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M&A Deal Summary

Raet Acquires Enomina S.L.

On December 20, 2016, Raet acquired internet software and services company Enomina S.L.

Acquisition Highlights
  • This is Raet’s 1st transaction in the Internet Software and Services sector.
  • This is Raet’s 1st transaction in Spain.

M&A Deal Summary
Date 2016-12-20
Target Enomina S.L.
Sector Internet Software and Services
Buyer(s) Raet
Deal Type Add-on Acquisition

Target

Enomina S.L.

Olot, Spain
Enomina S.L. is a HR & Payroll software and service provider delivering its services on its own proprietary technology.

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Buyer(S) 1

Buyer

Raet

Amersfoort, Netherlands
Category Company
Founded 1965
Sector Internet Software and Services
Revenue 134M EUR (2012)
DESCRIPTION

Raet is a provider of HR cloud software and services. The company provides a cloud-based, integrated HR software suite covering the Human Capital Management needs of both large and small businesses globally. Raet was founded in 1965 and is based in Amersfoort, Netherlands.

DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Spain M&A 1 of 1
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-07 RH Pro

Buenos Aires, Argentina

RH Pro is a Latin American HR cloud player with more than 300,000 daily users. RH Pro offers flexible, easy to use and reliable HR and payroll applications.

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